This property could be a profitable Mid-Term investment with a projected 31.22% first-year return on $33,750 initial cash invested.
31.22%
Cash On Cash
22.14%
Cap Rate
3.38
DSCR
$2,422
Rent
$878
Cashflow
Cash Flow
$2,422 income − $1,544 expenses = $878 cash flow
Investment Breakdown
|
Purchase Price
$75,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,750
Downpayment
20%
$15,000
Closing costs
1%
$750
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,422
Total Expenses
$1,544
Mortgage P&I
17%
$409
Property Taxes
12%
$285
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266